The company has both plantation and property development activities. If you compare its performance with that of the Bursa Plantation sector, https://www.i4value.asia/2021/08/how-malaysian-plantation-sector.html#more you will find that Golden Land ROE for the past decade was much lower than that of my reference company – KLK.
Secondly, the Malaysian property sector is not exactly booming currently.
Looking at its share price trend, you can see that it reflects its business performance. https://i.postimg.cc/wx0ZV3rc/Golden-Land.png
Unless you expect a significant improvement in the business performance, I am not sure why the share price will uptrend.